What is MADANA?
MADANA is the first ever ICO and Sidechain project on the Lisk Blockchain. MADANA stands for an open platform for data analysis, preserving privacy by design. The blockchain-based ecosystem allows anyone to stay in control of their data while monetizing it in an anonymous way. MADANA aims to provide a GDPR compliant way for data processing, enabling new business models for future Apps and Services. German ICO with approval from the Federal Financial Supervisory Authority.
MADANA proposes a new data market ecosystem run on multiple smart contracts based on blockchain technology that allows data producers, data analysis buyer and plug-in provider to participate in the data market in a fair, anonymous and privacy-protecting way. The Vision of MADANA is to be the technology in future Apps and dApps, operating systems and IoT devices, which generates passive revenue for the User while also protecting his digital identity.